_____ is the selling to two or more different buyers,within a reasonably short time,of commodities (not services)of like grade and quality at different prices where the result would be to substantially lessen competition.
A)Price discrimination
B)Price fixing
C)Bait pricing
D)Penetration pricing

Question

_____ is the selling to two or more different buyers,within a reasonably short time,of commodities (not services)of like grade and quality at different prices where the result would be to substantially lessen competition.
A)​Price discrimination
B)Price fixing
C)Bait pricing
D)​Penetration pricing

Quizplus · Accepted Answer

Price discrimination is defined as the act of selling the same product or service to different customers at different prices. The concept of price discrimination is considered as an unfair trade practice as it may lead to a monopoly situation or reduced competition. If such an act results in substantially lessening competition, it is a violation of antitrust laws.

_____ Is the Selling to Two or More Different Buyers,within